Bedrock
Rezoning

97601, 97625, 97645, and 97665 Overseas Highway, and 28, 36, and 81 East Second Street, 30, 32, and 34 East First Street, Key Largo, FL

On municipal recordMonroe County, FL
4/ 5
High impact
Bedrock impact score
Action type
Rezoning
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-07-22
Jurisdiction
Monroe County, FL
Days on record
10 days
Aerial view of 97601, 97625, 97645, and 97665 Overseas Highway, and 28, 36, and 81 East Second Street, 30, 32, and 34 East First Street, Key Largo, FLApprox — jurisdiction center
Aerial — close view · EsriInteractive map ↓
Street View ↗
01Investment highlights

Why this deal matters

  • Rezoning in Monroe County, FL
  • Bedrock impact score 4 of 5 — High impact
  • Consolidating four incompatible zoning designations into a single MU district cleans up the entitlement picture on a multi-parcel Overseas Highway assemblage, potentially unlocking broader development density and use flexibility that were previously constrained by the split-zoned parcels.
  • On the municipal record 10 days (filed 2026-07-22)
02Deal summary

The rationale

Consolidating four incompatible zoning designations into a single MU district cleans up the entitlement picture on a multi-parcel Overseas Highway assemblage, potentially unlocking broader development density and use flexibility that were previously constrained by the split-zoned parcels.

Monroe County is proposing to rezone a multi-parcel assemblage at 97601–97665 Overseas Highway and several East First & Second Street addresses in Key Largo from a patchwork of Mixed Use (MU), Suburban Commercial (SC), Urban Residential (UR), and Urban Residential-Mobile Home (URM) designations to a unified Mixed Use (MU) district.

03Deal facts

The filing record

Jurisdiction
Monroe County, FL
Action type
Rezoning
Asset class
Multi-asset · site-wide
Parcel · APN
00554420-000000, 00554420-000100, 00554430-000000, 00554460-000000, 00554490-000000, 00554590-000000, 00554600-000000, 00554610-000000, 00554620-000000
Status
On municipal record
Filed
2026-07-22
Days on record
10 days
04Location

Where this sits

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
97601, 97625, 97645, and 97665 Overseas Highway, and 28, 36, and 81 East Second Street, 30, 32, and 34 East First Street, Key Largo, FL
25.58610, -81.02260 · approximate (jurisdiction center)
Area demographics

Monroe County

75,137
Population
$72,012
Median HH income
32,794
Households
$1,578
Median rent
U.S. Census · ACS 5-year
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-07-22
    10 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
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5Plan amendment46 Cypress Avenue, Key Haven, FL (approx. Mile Marker 5)5Plan amendment97601 Overseas Highway; 28, 30, 32 East First Street; 34, 36 East Second Street, Key Largo, FL